US: Wall St sees muted open as JPMorgan, inflation data weigh

[NEW YORK] US main indexes were subdued at the open on Wednesday (Apr 13), with the S&P and the Dow edging lower, as JPMorgan shares dropped after reporting a slump in quarterly profit, while fresh data highlighted growing inflationary pressures.

The Dow Jones Industrial Average fell 53.7 points, or 0.16 per cent, at the open to 34166.64.

The S&P 500 fell 3.1 points, or 0.07 per cent, at the open to 4394.3, while the Nasdaq Composite rose 1.5 points, or 0.01 per cent, to 13373.116 at the opening bell. REUTERS